Elizabeth Holmes: 'Valley of Hype' [pre-show and documentary]

#ElizabethHolmes #Theranos #ValleyofHype
TimeCode for viewing
0:00:00: Preshow
0:30:22 Documentary starts
Don't Miss: August 30. 2021 pre-show starting at 4:30 pm EST and movie at 5:00 pm EST.

Elizabeth Holmes became the world’s youngest self-made female billionaire as CEO of her biotech startup, Theranos. The former Silicon Valley darling now faces criminal trial and 20 years in prison over the Justice Department’s charges that she used the once-hyped blood testing company to defraud investors.
Yahoo Finance is turning the page on Theranos, examining arguments to be raised in Holmes’ defense and the culture that fueled her rise and fall. Interviews with a Theranos board member and employee who have never spoken out, as well as experts on Silicon Valley, raise the possibility that Holmes, rather than being a villain, is a victim of a Silicon Valley ethos that values a perfect pitch over proven results.

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[jjreddick]

Can’t get enough of these Theranos documentaries. Don’t understand why

[Williamb]

The eyes said it all…when she was giving a tour of the lab to the vice president, the lab looked amazing, moonlighting, pristine rows of Edisons lit up, and folks in freshly starched lab coats 🥼 looking medical and professional. The entire setting and experience had been set up the night before with supervision and directives from EH…inside those beautiful Edison boxes were squirrels and saw dust

[thatukrainianjew]

The concept of Holmes being a self-made anything to me is nonsensical. Her parents had ties to the tech industry and US Govt, so she grew up learning how to be comfortable in those arenas. She had a level of inherited social capital that is extremely relevant in terms of how she got where she did.

[UdoADHD]

I wish they would stop saying her beauty helped her do this when they ACTUALLY mean her blonde hair, blue eye, thin youth helped her do this. And of those attributes, I think her youth was most useful. The men who invested in her viewed her more like a daughter who can take them to a prosperous future. Elizabeth never showed or emphasized any body parts, lowered her voice to be taken more seriously, and didn’t even brush her hair. She didn’t use seductress tactics, not even in her over-aged boyfriend who met her when she was learning Chinese as a teenager… She didn’t use any feminine seduction tactics, she sold a good story just like her male scammer counterparts.

[abcdefghijklm]

This "she's a victim" nonsense needs to be flatly denied. If she was a minority she would get life in prison. I hope she gets 20 years.

[Venus-gnoi]

The major reason why this happened and went for so long is because it was always mainly about money, for the investors as well as for her. Human well-being was never at the forefront...

[amy-luna]

I've watched and read so much on Theranos and this was the best summary I've seen. To sum up:
1) Holmes' fraudulent "fake it til you make it" leadership is accepted practice in venture capital startups.
2) She was prosecuted because her developmental "fake" actually endangered real people's lives--which could have been avoided by more honesty, even if that meant delays.
3) Ignorance is an explanation, not an excuse for criminal fraud.

Moral of the story? Just because everyone else jumps off a bridge, doesn't mean you should, too. A dumb idea (lying) is always a dumb idea--especially when it's illegal.

[MultiPetercool]

She didn’t get bad advice. She simply chose to ignore any good advice she was given.

[escapedthematrix]

She should be treated the same way Madoff was treated and the fact that she’s a woman should not entitle her to lesser punishment.

[wandatorres]

If they get away with this, I will have lost faith in our legal system. It will promote distrust among society. Who else can hype up their claims without a consequence, if false?

[viorelanghel]

35:45 former board member: "there wasn't any engineering problem". Really??? What are you smoking? The product did not work, isn't that an engineering problem???

[ng]

Reading people in the chat replay try to defend this broad while listening to this seriously makes my stomach turn. Her family members did the same thing at the trial today, trying to act like they were just random people talking to the press on the street and claiming she was a “victim” in this. But just read how she behaved to the widow after she drove her employee to commit suicide with her manipulation, bullying and gaslighting technique.

Chick has zero empathy. Straight up monster

[erinthesystem]

Things stop being good-faith embellishments when a conscious decision is made to explicitly lie about something which everybody involved would clearly recognize as being important.
Holmes is not a babe in the woods; she's just without a moral compass.

[MultiPetercool]

Timeframe alone will destroy her defense. Sonny didn’t arrive until after the frauds were initiated. Sonny was an an enabler, not an initiator.

[irenelovelyasusual]

She was no victim, she is still no victim. Just because she is a woman and the trial is taking place in 2021, it is no reason to twist things so make people believe she was a victim. She has to be held accountable for what she did.

[williamp.hodgeakahodgecity]

While I get Dan W.'s perspective on the investor's lack of DD that is by no means a get out of jail card for the perps. Lying is a fraud, fraud is illegal, and should be appropriately punished to dissuade others from doing likewise.

[starbaby]

GREED was the downfall of almost everyone involved. This story should be an episode on the tv show AMERICAN GREED!

[marke]

Elizabeth Holmes' father, Christian Rasmus Holmes IV, was a vice president at Enron, an energy company that later went bankrupt after an accounting fraud scandal. Later he held executive positions in government agencies such as USAID, the EPA, and USTDA.

[sparksflylove]

She deserves to take full accountability for everything she did. Something to understand, though — she wasn’t enabled for the first time at Stanford, she was enabled for the first time by her parents, who share her same beliefs. They believe that wealth is the ultimate goal, and “fake it til you make it” is more than okay. When Elizabeth was 9, she wrote a letter to her father in which she said her greatest goal was to be a billionaire. When she was in elementary school, she said she didn’t want to be the president when she grew up, but rather that a male president would want to marry her because she would be so rich. It’s not a surprise that she ended up this way. She frauded and guilted people her way through life. This is not a new game to her. Her parents taught her how to play it.

[savidwatkins]

She would never never never have made it if it wasn’t for her skin color. She’s somewhat pretty, blonde and talks smart. She’s up there with Bernie Madoff.